# PPP loan: COATS HOMES LLC
> **$287K** approved 04/04/2020 · Paid in Full · Loan `5051807001`
## Borrower
- **Name:** COATS HOMES LLC
- **Address:** 3100 MONTICELLO AVE STE 335, DALLAS, TX, 75205-3406
- **NAICS:** 236117
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Rent:** $29K
- **Utilities:** $29K
- **Jobs reported:** 17
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*